fetch: Hi,
Its Ernest Emelezi, I have seen many of the so called Networking Marketing program came and go in Nigeria, and this has posed a very big treat to the money spinning industry which have prompted me to do some research about Network Marketing Business and why these programs fail after some months of operation. And I have come up with the discovery on why some of these so called Network Marketing programs fail after collecting Nigerians money.
Surprisingly, some of the people that promote these fake programs already know that what they are promoting will not see the light of the day; but they intentionally collects Nigerians hard earned money to fill their pockets, not minding what the outcome will be. Some out of ignorance do not know that what they are promoting is not what they think it is.
However, I will not dwell much on the people but the main problem; from the result of my research, one of the main reasons why these programs fail is because they are not really Network Marketing program, they are actually what the expert’s called ”Pyramid Scheme”, they look somewhat like Network Marketing Program but they are SCAM (419)!
Okay what is the point? You might ask! Very clear, the main difference between a Network Marketing program and a Scam is that a Network Marketing program must have a product or service to market; hence the name Network Marketing or Multi Level Marketing, and any program that promises to pay only when you bring people to join and they have no product or service to market is a Scam (419). I strongly advise that you stay away from such programs; they will collect your money and disappear to God knows where, without notice.

These so called Network Marketing programs are everywhere in the world not only in Nigeria anyway, but some people have imported them into the country time after time and some of these failed programs are nowhere to be found in Nigeria today. The internet has even made it easier for Nigerians to bring these programs into the country while some countries like the USA; where the Network Marketing Business Model started in early 70’s are weeding them out from their country. The terminology is; register with us, pay some amount of money, bring someone to register, when the person pays, we’ll pay you commission. Who told you anybody will agree to join you or what “if” nobody agrees to join? Then you have everything to loss. Network Marketing they say is not for everyone, because many people do not have the time to go through the process of recruiting or organizing a meeting for recruitment and there is no way you can convince them to join you even though the company have the best product and marketing plan, but they can start by consuming the product or service you have to offer.
What I mean is, they can buy the product or service from you and may decide to join after they’ve seen that such product or service add value and it’s beneficial to their life. Some can only resell the product or service for profit and also collect their monthly commission without minding about building their network of individual marketers. And this is how a true Network Marketing program works; you will not only be paid when you bring people into the program, but when you and your down-line buy the product or service on daily, weekly or monthly basis, then you will have what is called a spillover. It might start small but if nurtured and managed very well, it will grow to the level of making you rich beyond your imagination.
If you will to take my advice, care should be exercised in the selection of the Network Marketing program you represent. Because even though you may have only a nominal cash investment, if the program fails, you run the risk of loss because you will be making an investment of your most valuable assets; your irreplaceable time and contacts.

Next time you want to join a Network Marketing program, consider the following aspect of their system or plan:
 The demand and acceptability of their product or service by the masses
 Check if their product or service supplies a need and perform equal to their claims
 The Company should be a company with some operating history, ideally a minimum of two years.
 One problem with some Network Marketing Companies is that they sometimes have such heavy commissions build into the overrides that the ultimate consumer of the product or service must pay more than the fair market value of similar products bought through conversional shopping. Clearly, in such cases, people will not buy the product or service if they are not participating in the business opportunity. Price of their product or service should be considered as well as other aspect of the system or plan before you join.
 Lastly, the product or service should be consumable, if the product is something like vitamin or the service is something like financial, it will be easier to create a durable stream of income from repeat business than if it’s an once-in-a-lifetime purchase.
Note: Network Marketing is not a business on its own; rather it’s a business model or method of moving goods and services through a network of people. From my definition, you can understand that no real Network Marketing program can function without having something to offer.
If you are already in a Network Marketing program or you are thinking of join one, use this information to guard yourself against Scam.
And I hope that this piece of information is valuable and beneficial to you. Keep a date with me on this forum; please feel free to drop your comments, questions, discussions and recommendations on this issue.
Love You,
Ernest Emelezi.

vonskyes:
4 reasons why you should go into network marketing by Robert Kiyosaki

One must learn how to make money work for them instead of the other way round.

This can only be done by understanding how money truly works. Its not about working hard all day long. Its all about leverage.

Its all about creating something that would produce you income irrespective of the fact whether you are there or not.

One of his famous quotes:

The richest people in the world build networks; everyone else is trained to look for work


Though this industry is considered to be a scam by many due to the activity of many fraudulent companies, it actually is not.

Network marketing is an industry with a truly unique concept that allows every individual an equal opportunity for success.

Here's some of the reasons why its so powerful:

1. Low cost of entry - Every person may not be able to start a traditional business but that's not the case with a network marketing industry. Any person who has a desire to grow can build a network marketing business.

2. Life Transforming Education - Robert Kiyosaki feels that the knowledge one gains by being a part of this industry is nothing short of life transforming. Its not just about investing some money and building a business, its about eliminating personal fears, learning proper skills and working with different kinds of people to build a thriving organization. No wonder, this industry produces millionaires on a consistent basis.

3. Leverage And Residual Income - The multi level marketing industry offers an individual the opportunity to create a walk away residual income. Leverage is one of the key aspects of this business. The idea is to build a stable network which grows irrespective of whether you are there or not.

4. Flexibility - One can start this business in a part time fashion and get involved full time when the right time comes in.

Are There Any Negative Aspects Of The Network Marketing Industry

Not really. When people constantly read about some network marketing company or the other getting closed down on a regular basis, they think that the whole industry is like this.

Actually its not. There are a lot of legitimate network marketing business opportunities out there which have stood the test of time and are going strong.

Choosing a good network marketing company is very crucial but that is a discussion for some other day.

So yes, this is a great industry!!

vpaymoney:
pls who knows about oriflame here? is it worth it. heard it is 5downlines

vpaymoney:
pls who knows about oriflame here? is it worth it. heard it is 5downlines